Streetbeat News

Revenues

MOH

Molina Healthcare (MOH) is recommended for retention due to its growth potential driven by increased premium revenues, strategic acquisitions, and the aging U.S. population.

Portfolio Pulse from

January 07, 2025 | 7:00 pm

T

AT&T has been recognized by Frost & Sullivan with the 2024 US Market Leadership Award for its leadership in the next-generation 911 (NG911) market. AT&T holds a 30% market share and has contracts covering over 80 million people in the US.

Portfolio Pulse from

January 07, 2025 | 6:45 pm

MKTX

MarketAxess reported a 6% increase in total credit average daily volume (ADV) for the fourth quarter of 2024, with significant growth in emerging markets and Eurobonds, despite challenges in U.S. high-yield trading.

Portfolio Pulse from

January 07, 2025 | 6:15 pm

C

Citigroup's stock has reached a 52-week high, driven by the bank's transformational efforts and recent rate cuts by the Federal Reserve. Investors are considering whether to buy Citigroup stock at this point.

Portfolio Pulse from

January 07, 2025 | 6:15 pm

MSFT

Microsoft plans to invest $3 billion in India on AI and cloud infrastructure over the next two years, as announced by CEO Satya Nadella.

Portfolio Pulse from

January 07, 2025 | 6:15 pm

BSX

Boston Scientific (BSX) is experiencing growth in endoscopy sales, which is expected to support its stock despite facing fierce competition. The company is also expanding its operations internationally.

Portfolio Pulse from

January 07, 2025 | 6:15 pm

HES

Hess CEO John Hess provided an optimistic outlook on oil demand, suggesting the market is nearing balance despite concerns over Chinese demand and increased production from the U.S. and non-OPEC countries. He also highlighted the untapped potential in Guyana.

Portfolio Pulse from

January 07, 2025 | 6:00 pm

AVA

Avista is poised for earnings growth and higher returns on equity due to substantial capital expenditure plans and favorable rate cases. Trading at a discount to peers, AVA offers value with a low P/E ratio and book value below asset replacement costs. Despite wildfire risks and regulatory challenges, AVA is set to benefit from rising electricity demand driven by AI data centers.

Portfolio Pulse from

January 07, 2025 | 6:00 pm

NVDA

Nvidia's CEO Jensen Huang confirmed the full production of Blackwell and new RTX models, which are expected to boost Nvidia's financial performance in the medium-term and maintain long-term demand.

Portfolio Pulse from

January 07, 2025 | 5:30 pm

SALRY

SalMar has released a correction for its Q4 2024 trading update, adjusting the harvest volumes for its Icelandic operations. The consolidated harvest volumes are now reported as 73.8 thousand tons, with specific figures for different regions.

Portfolio Pulse from

January 07, 2025 | 5:30 pm